About SimpliSafe
SimpliSafe is a company based in Boston (United States) founded in 2006 by Eleanor Laurans and Chad Laurans was acquired by Hellman & Friedman in June 2018.. SimpliSafe has raised $387 million across 4 funding rounds from investors including HPS Investment Partners, Eastern Bank and Owl Rock Capital. SimpliSafe offers products and services including Outdoor Security Camera, Indoor Camera, Smart Lock, and Video Doorbell. SimpliSafe operates in a competitive market with competitors including ADT, Ring Labs, Alarm.com, Ooma and Verkada, among others.
- Headquarter Boston, United States
- Founders Eleanor Laurans, Chad Laurans
-
Sectors
Industrial Goods & ManufacturingTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$387 M (USD)
in 4 rounds
-
Latest Funding Round
$200 M (USD), Series E
May 08, 2022
-
Investors
HPS Investment Partners
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Hellman & Friedman
(Jun 29, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SimpliSafe
SimpliSafe offers a comprehensive portfolio of products and services, including Outdoor Security Camera, Indoor Camera, Smart Lock, and Video Doorbell. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered camera for outdoor monitoring and intruder deterrence.
Monitors indoor spaces with night vision and real-time alerts.
Wireless lock for secure home entry and integration.
Enables video monitoring and interaction at the door.
Unlock access to complete
Software Development Team
119 people
Sales and Marketing
24 people
Leadership Team
23 people
Senior Team
22 people
Creative and Marketing Team
14 people
Product Management Team
11 people
Human Resources and Administration
10 people
Legal and Compliance
9 people
Unlock access to complete
Funding Insights of SimpliSafe
SimpliSafe has successfully raised a total of $387M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series E — $200.0M
-
First Round
First Round
(21 May 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series E - SimpliSafe | Valuation | HPS Investment Partners , Owl Rock Capital |
|
| Apr, 2021 | Amount | Debt – Conventional - SimpliSafe | Valuation |
investors |
|
| Apr, 2021 | Amount | Series D - SimpliSafe | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SimpliSafe
SimpliSafe has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HPS Investment Partners, Eastern Bank and Owl Rock Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tailored investment solutions are provided across private and liquid credit.
|
Founded Year | Domain | Location | |
|
Private debt financing is extended to middle-market companies.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by SimpliSafe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - SimpliSafe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simplisafe Comparisons
Competitors of SimpliSafe
SimpliSafe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADT, Ring Labs, Alarm.com, Ooma and Verkada, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based surveillance solutions for home and business security are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based video surveillance systems are provided for security monitoring.
|
|
| domain | founded_year | HQ Location |
Cloud-based video intercoms and physical security systems are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based business telephony and home security services are provided.
|
|
| domain | founded_year | HQ Location |
Enterprise video surveillance systems and platforms are developed.
|
|
| domain | founded_year | HQ Location |
Physical security, safety, aerospace, and HVAC solutions are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Simplisafe
Frequently Asked Questions about SimpliSafe
When was SimpliSafe founded?
SimpliSafe was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is SimpliSafe located?
SimpliSafe is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of SimpliSafe?
Christian Cerda is the current CEO of SimpliSafe.
Is SimpliSafe a funded company?
SimpliSafe is a funded company, having raised a total of $387M across 4 funding rounds to date.
What does SimpliSafe do?
SimpliSafe was founded in 2006 in Boston, United States, focusing on the home security sector. Wireless systems are provided, featuring a cellular-alarm-transmitter that utilizes the ReFLEX Narrowband PCS network, similar to those used by hospitals and emergency services. Sensing devices and components for burglary protection are included in typical hardware packages priced around 260. Operations center on delivering these protective solutions for residential threats.
Who are the top competitors of SimpliSafe?
What products or services does SimpliSafe offer?
SimpliSafe offers Outdoor Security Camera, Indoor Camera, Smart Lock, and Video Doorbell.
Who are SimpliSafe's investors?
SimpliSafe has 5 investors. Key investors include HPS Investment Partners, Eastern Bank, Owl Rock Capital, Sequoia Capital, and Hellman & Friedman.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.